Basf India has informed that pursuant to the provisions of Section 108, 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Secretarial Standards as applicable to General Meetings issued by The Institute of Company Secretaries of India, the Circulars issued by the Ministry of Corporate Affairs and subject to other applicable laws and regulations, the Company is conducting a Postal Ballot (through remote evoting process) for obtaining the approval of the Members of the Company for the following matters as mentioned in the Postal Ballot Notice dated 4th February, 2025: Appointment of Narendranath J. Baliga (DIN: 07005484) as the Whole-time Director of the Company for a period effective from 1st January 2025 till 30th June 2027 and to fix his remuneration; Increase in the maximum limits of Related Party Transactions entered into between the Company and BASF Hong Kong from Rs. 4100 crore to Rs. 4500 crore. The copy of the Postal Ballot Notice is enclosed. The Postal Ballot Notice is also available on the Company’s website,www.basf.com/in and on the website of National Securities Depository, www.evoting.nsdl.com
The above information is a part of company’s filings submitted to BSE.